Blackstone Unusual Options Activity For July 18
Portfolio Pulse from Benzinga Insights
A significant bullish stance on Blackstone (NYSE:BX) has been observed through unusual options activity. The sentiment among these big-money traders is split between 57% bullish and 42% bearish. The whales have been targeting a price range from $50.0 to $100.0 for Blackstone over the last 3 months. The price of BX is up 1.24% at $105.68. Morgan Stanley, Wells Fargo, and Barclays have maintained their Overweight and Equal-Weight ratings on Blackstone with price targets of $116, $104, and $101 respectively.

July 18, 2023 | 3:45 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Unusual options activity indicates a bullish stance on Blackstone. The price of BX is up 1.24% at $105.68. Analysts from Morgan Stanley, Wells Fargo, and Barclays have maintained their positive ratings with price targets of $116, $104, and $101 respectively.
The unusual options activity indicates that big-money traders are bullish on Blackstone, which could drive the price up in the short term. The positive ratings and price targets from major analysts further support this bullish outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100